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Zoned Residential Development Land
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Pending

5516 E Raines Rd, Memphis, TN 38115

Residentially zoned land with 136 feet of frontage on E Raines Rd near Memphis industrial areas.

Property SizeContact for details
Days on Market133

Property Features for 5516 E Raines Rd

General Information

Standard status Pending
Property subtype Land
Zoning RU-3

Additional Details

Highway Access Yes
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering is residential development land with 136 feet of frontage on E Raines Rd. The property is zoned Residential Urban – 3 (RU-3), supporting its use within that designated residential classification.

The land is located near an industrial area and is described as minutes from Highway 385 and the Mississippi border. Memphis International Airport is noted as being less than 7 miles away.

This is a straightforward parcel suited for buyers seeking RU-3 residentially zoned land with direct frontage on a primary road.

Key Highlights

  • 136 ft of frontage on E Raines Rd (Raines Road)
  • Residentially zoned land with RU‑3 zoning (Residential Urban – 3)
  • Located near the Memphis industrial area

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Law Firm Auto Parts Store Real Estate Agency Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned land with 136 feet of frontage on E Raines Rd near Memphis industrial areas.
Where is this residential land & home lot located?
The property is located at 5516 E Raines Rd Memphis, TN.
What are key features of this property?
This property features: 136 ft of frontage on E Raines Rd (Raines Road); Residentially zoned land with RU‑3 zoning (Residential Urban – 3); Located near the Memphis industrial area
More about this property
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